The Indianapolis-based firm has filed plans for a 14-building project in Carmel with nearly 1 million square feet of office space, plus retail, restaurants and a dual-branded hotel.
Loftus Robinson acquired the 16-story office tower from a Florida firm and plans to embark on a facade renovation to restore its historic character.
Here’s a little-known fact: The city of Indianapolis has an ownership stake in two of downtown’s most luxurious hotels and has received nearly $1.2 million so far from one of the investments.
The local company considered buying its current home before hitting the drawing board and launching plans to build its own space.
City officials are scrapping plans to help finance construction of a long-awaited 21c hotel proposed as part of a $55 million redevelopment of Old City Hall and are putting the property back up for bid.
Holladay Properties is expected to find development opportunities for 266 acres of unused airport land just south of West Washington Street.
Hendricks Commercial Properties has scaled back some of the plans for the massive mixed-use development at College and Massachusetts avenues, at the site of a former Coca-Cola bottling plant.
Approved artists would co-own the renovated homes in the Garfield Park neighborhood and only pay half the cost of the property.
The Grand Millennium Center, proposed by EdgeRock Development LLC, is expected to include a civic center, YMCA, aquatics center and health care facility, convention center and at least one hotel with possibly 500 rooms.
The decision comes amid growing opposition to the 15-acre national cemetery project, which opponents say endangers old-growth forest on the northern border of Crown Hill.
Indianapolis Mayor Joe Hogsett on Wednesday said his “dream” would be for the Crown Hill North Woods to become part of the city’s park system.
The village is expected to add as many as 500 rental units in the next year or so. Businesses hope they’ll boost daytime traffic in the area traditionally known for its nightlife.
Kevin Garrigus bought the Speedrome in November with the goal of revitalizing the historic east-side short track. He’s already put $500,000 into upgrades—with more on the way.
Harrison College is asking $11.5 million for its two-building campus along East Washington Street, a steep jump from their assessed values but reflective of the area’s increasing potential for growth.
TWG Development’s plan to convert the century-old structure into senior housing units has hit a snag, as the project wasn’t awarded federal tax credits in the latest round of allocations.
The Westfield City Council on Monday also agreed to send a proposal for a housing development around the Wood Wind Golf Club back to the city’s plan commission.
New York-based Industrious said it will occupy two floors in the structure under construction by local developer Gershman Partners. It’s the second co-working provider to secure a downtown locale in two months.
The 8,500-square-foot residential space features a private elevator that will provide access to Red the Steakhouse, which is expected to open on the ground level in April, in addition to several other amenities.
The planned high school for STEM studies announced with fanfare last year that it would move into the P.R. Mallory factory site, but leaders encountered a financial hurdle and now are keeping their options open.
Several projects are in the works—a push led mainly by local developer Onyx+East, which plans to begin construction this year on nearly 150 units, 90 of which are in or near downtown.
